TradingView
weiloon940718
Nov 20, 2016 7:15 AM

S&P 500 : WAITING TO BUY LOW Long

S&P 500 index of US listed sharesFXCM

Description

The index now breaks the donwtrend corrective channel, it may show that the market resumes it bullish trend, but wait a pullback is a better choice (buy low). However, do notice that there is high chance of rate hike in December,if it doesn't make the index to break support level 2151, this strategy is still plausible.
TRADE IDEA :
BUY AT NEAR 2151
SL : 2143
TP : 2190, KEEP HALF OF LONG POSITION IF 2190 IS BROKEN
More